Noticed a lot of variance in Bitcoin pricing across exchanges this weekend. Huge spikes and dips in USDC price and a very volatile eth/btc ratio. I expect weird things to continue as people rush to move assets around. Good news is regardless of how the dominoes fall in the chaos, if you are holding Bitcoin in self custody, you can ignore the noise.
If the banks go fail, all centralized exchanges and stablecoins go fail. Withdraw your bitcoins to your hardware wallet.
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Yup, people think the Bitcoin they leave on exchanges belongs to them. Nope, just a liability of a centralized party, who if insolvent will prevent you from withdrawing.
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It's time to see the bulls from the barrier.
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